THE CONGRESSIONAL FAVOR FACTORY Legalized Pay-To-Pl Ay a Study of Federal Grants, Campaign Cash, Investments, Employment, Power & Influence
THE CONGRESSIONAL FAVOR FACTORY Legalized Pay-to-Pl ay A study of Federal Grants, Campaign Cash, Investments, Employment, Power & Influence OpenTheBooks Oversight Report OPEN THE ™ OpenTheBooks.com | American Transparency OpenTheBooks.com AMERICAN TRANSPARENCY THE CONGRESSIONAL FAVOR FACTORY LEGALIZED PAY-TO-PLAY A Study of Federal Grants, Campaign Cash, Investments, Employment, Power & Influence PUBLISHED: OCTOBER, 2019 By: Adam Andrzejewski - Founder and CEO of OpenTheBooks.com Thomas W. Smith - Chairman of OpenTheBooks.com “Open the Books is doing the work I envisioned when the Coburn-Obama bill became law. Their innovative app and other tools are putting sunlight through a magnifying glass.” March 11, 2014 Dr. Tom Coburn, Honorary Chairman of OpenTheBooks.com OUR REPORT MADE POSSIBLE BY: The “Federal Funding Accountability and Transparency Act of 2006” Sponsors: Sen. Tom Coburn (R-OK) & Sen. Barack Obama (D-IL) (Public Law 109-282, 109th Congress) “Is the spending in the public interest or the special interest?” - U.S. Sen. Tom Coburn “I know that restoring transparency is not only the surest way to achieve results, but also to earn back the trust in the government...” - U.S. Sen. Barack Obama THE CONGRESSIONAL FAVOR FACTORY PAGE I PROLOGUE Did you ever wonder why 97 percent of Congress gets Members of Congress own investment stock in, are reelected each year even though only 17 percent of employed by, and receive retirement pensions from the American people believe our representatives are federal contractors – to whom billions of taxpayer doing a good job? dollars flow. Moreover, Members sponsor legislation that affects these contractors. Then, the contractor’s It’s called an incumbent protection system.
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